$CAG #earnings before open Thurs, the expectation from the WhisperNumber community is $0.60, 3c ahead of analyst estimates. Earnings came in in-line with the whisper last quarter. 60% beat rate. Implied movement +/-5.2%. https://t.co/XDYnQl8Esi #options #trades $CPB $SJM https://t.co/FuXekVgtPI
$PEP #earnings before open Thurs, the expectation from the WhisperNumber community is $2.25, 9c ahead of analyst estimates. Earnings came in $0.01 ahead of the whisper last quarter. 64% beat rate. Implied movement +/-3.2%. https://t.co/XDYnQl86CK #options #trades $KO $MNST https://t.co/6g29K7UdOa
$DAL #earnings before open Thurs, the expectation from the WhisperNumber community is $2.58, 22c ahead of analyst estimates. Earnings came in $0.05 ahead of the whisper last quarter. 67% beat rate. Implied movement +/-6.4%. https://t.co/XDYnQl86CK #options #trades $UAL $LUV https://t.co/r0mgumYMbB
Delta Air Lines (DAL) is set to report its earnings on Thursday morning at 6:30 ET. The airline has underperformed since reporting Q1 and is on a long streak of negative earnings reactions, with six consecutive quarters of disappointing results. Over the past three years, Delta has shown significant earnings reactions, which is of particular interest to option traders. The WhisperNumber community expects earnings of $2.58, which is 22 cents ahead of analyst estimates. The implied movement is +/- 6.4%, and Delta has a 67% beat rate. Delta's results will be released alongside PepsiCo (PEP), which has also had a rough three months, underperforming the S&P by 18% and now sitting at 19x forward earnings, the lowest level since 2018. PepsiCo's expected earnings are $2.25, 9 cents ahead of analyst estimates, with an implied movement of +/- 3.2%.